GSK Stockmann is experienced in the asset management sector and regularly advises asset managers, project developers and institutional investors on transactions and financing as well as joint ventures and related forward share deals. Clients also benefit from the close cooperation with the locations in London and Luxembourg; the cross-location expertise in Luxembourg law is frequently called upon by international investors in connection with investments in the German real estate market made via investment vehicles structured in Luxembourg, while the London office focuses on advising international private equity houses on investments in German hotel, logistics and healthcare properties. Another key competence is the cross-practice expertise in insolvency law, where the team recently assisted with matters pertaining to distressed properties in the care home segment. Digital tenancy agreements are another growth area as well as ESG compliance. The team is led by Dirk Brückner (investments and asset management) and Philip Huperz (transactions, commercial tenancy agreements and asset management). Andreas Eichler (transactions) was appointed to partner in January 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Monique Franke is eloquent, intelligent, solution-oriented and has broad and deep specialist knowledge, which is used in different situations. The focus is always on the result, without losing sight of the specifics of the client.'
  • 'Diverse and deep specialist knowledge in the area of ​​real estate, both in investment topics and in the asset management area. The team at the Munich location, led by Monique Franke, is very well positioned and addresses any questions promptly, pragmatically and solution-oriented.'
  • 'Olaf Schmechel has very good legal and tactical skills, strong in negotiations.'
  • 'Very large team that convinces both professionally and personally.'
  • 'The real estate team at GSK Stockmann in Frankfurt has been supporting us very successfully in the project development of logistics properties for many years. The collaboration is very solution-oriented, efficient and absolutely pleasant.'
  • 'Monique Franke is an exceptionally good lawyer. She is very competent, experienced, hands-on and positive. The advice and negotiation style are solution-oriented, very detailed, factual and well thought out. She is a very quick thinker, has a great understanding of business and is always keen to achieve the best for the client. She works tirelessly (issues are dealt with until the client is satisfied) and her always positive attitude and charisma is truly extraordinary. One can feel the joy in her work - it's fun to work with her!'
  • 'The team tries to give the best possible performance at all times. One always gets excellent advice and results. The team is very practical and the proposed legal solutions are implementable. The interaction within the team is very collegial. Hierarchies are very flat and the communication between partners/associates/employees works excellently, is open and very harmonious. There are an extraordinary number of women in the team.'

Key clients

  • ABG Real Estate Holding GmbH & Co. KG
  • Alchemy Step Hotel Group
  • Art-Invest Real Estate Management GmbH & Co. KG
  • Bayern-Versicherung Lebensversicherung AG (VKB Versicherungskammer Bayern)
  • CELLS Property Investors GmbH
  • Hines European Value Fund 2
  • iLive / Merz Objektbau
  • IMAXXAM Asset Management GmbH
  • MHP Hotel AG
  • neuplan verwaltung gmbh
  • Patrizia Deutschland GmbH
  • Patron Capital Advisers LLP
  • Pensionskasse der Wacker Chemie VVaG
  • Siemens AG
  • Sofidy-Gruppe
  • Terra Kapitalverwaltung AG
  • Union Investment Real Estate GmbH
  • Union Investment Gruppe
  • Vienna House Capital GmbH

Work highlights

  • Advising the Alchemy Step Hotel Group on the acquisition and financing of various hotels in Dortmund, Bochum, Schwerin and Magdeburg.
  • Advising Bayern-Versicherung Lebensversicherung AG on a real estate investment by entering into a joint venture with a foreign real estate investor via a share deal.
  • Advising Siemens AG on the sale of shares in the Siemens Campus Erlangen Modul 2 project as part of a share deal with Union Investment and on a rental agreement with comprehensive ESG clauses.

Practice head

The lawyer(s) leading their teams.

Dirk Brückner, Philip Huperz

Other key lawyers

Monique Franke, Olaf Schmechel, Andreas Eichler